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Hibbett Sports (NASDAQ:HIBB) has earned a consensus recommendation of “Buy” from the fifteen brokerages that are presently covering the company, AR Network reports. Seven equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $59.45.

A number of analysts have recently weighed in on HIBB shares. Analysts at BMO Capital Markets initiated coverage on shares of Hibbett Sports in a research note on Tuesday, June 24th. They set an “outperform” rating and a $64.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Hibbett Sports from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 18th. They now have a $56.00 price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Hibbett Sports from $53.00 to $50.00 in a research note on Monday, May 26th.

Shares of Hibbett Sports (NASDAQ:HIBB) opened at 54.4975 on Monday. Hibbett Sports has a 52 week low of $50.04 and a 52 week high of $68.31. The stock has a 50-day moving average of $54.09 and a 200-day moving average of $57.42. The company has a market cap of $1.396 billion and a P/E ratio of 19.61.

Hibbett Sports (NASDAQ:HIBB) last issued its quarterly earnings data on Friday, May 23rd. The company reported $1.09 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.09. The company had revenue of $261.90 million for the quarter, compared to the consensus estimate of $263.69 million. During the same quarter in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Analysts expect that Hibbett Sports will post $2.89 EPS for the current fiscal year.

Hibbett Sports, Inc operates sporting goods stores in small and mid-sized markets predominantly in the South, Southwest, Mid-Atlantic and the Midwest.

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